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GOLD ROYALTY REPORTS RECORD ANNUAL REVENUE AND OPERATING CASH FLOWS FOR 2025 AND STRONG OUTLOOK FOR GROWTH THROUGH 2030

Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the filing of its operating and financial results for year ended December 31, 2025. All amounts are expressed in U.S. dollars unless otherwise noted.

articleBhp Group LtdMarch 18, 202622/company/bhp-group-limited/news/gold-royalty-reports-record-annual-revenue-and-operating-cash-flows-for-2025-and-strong-outlook-for-growth-through-2030-1
GOLD ROYALTY REPORTS RECORD ANNUAL REVENUE AND OPERATING CASH FLOWS FOR 2025 AND STRONG OUTLOOK FOR GROWTH THROUGH 2030

About this update from Bhp Group Ltd

[{"type":"text","content":"VANCOUVER, BC, March 18, 2026 /CNW/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the filing of its operating and financial results for year ended December 31, 2025. All amounts are expressed in U.S. dollars unless otherwise noted.","length":305,"tagName":"p"},{"type":"text","content":"David Garofalo, Chairman and CEO of Gold Royalty, commented: "We are incredibly proud of the company we have built over the past five years. 2025 was an important inflection point in the history of the Company as we reported positive cash flow and Adjusted EBITDA, added a highly coveted royalty on BHP's cash-flowing Pedra Branca mine in Brazil and materially strengthened our balance sheet. Our 2026 and five-year outlook demonstrate the continued peer-leading growth in our asset portfolio, including over 60% year-over-year growth expected in 2026."","length":567,"tagName":"p"},{"type":"text","content":"Full Year and Q4 2025 Highlights","length":32,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fourth quarter 2025: Record revenue of $4.5 million, $5.2 million in Total Revenue, Land Agreement Proceeds and Interest*, and 1,255 gold equivalent ounces ("GEOs") for the quarter[*]","length":193,"tagName":"p"}]},{"val":[{"type":"text","content":"Full year 2025: Record revenue of $15.6 million and $17.8 million in Total Revenue, Land Agreement Proceeds and Interest for 5,173 GEOs for the year*","length":149,"tagName":"p"}]},{"val":[{"type":"text","content":"Positive full year 2025 operating cash flow of $6.2 million and Adjusted EBITDA* of $9.8 million","length":96,"tagName":"p"}]},{"val":[{"type":"text","content":"Exited 2025 with over $12 million in cash, no debt and a fully undrawn credit facility which was increased to $150 million, inclusive of a $25 million accordion feature as at February 19, 2026","length":192,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":630,"olType":false},{"type":"text","content":"2026 and Five-Year Outlook","length":26,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"2026 guidance: Total GEOs are currently expected to increase to 7,500-9,300 in 2026, thanks to the continued ramp-up of our cash flowing assets and incorporates the addition of the Pedra Branca and an add...

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Gold Royalty Corp.Total RevenueTotal RevenueLand Agreement ProceedsLand Agreementoperating cash flowAdjusted NetGold Royalty